About Immutable

IMX is an Ethereum token that powers Immutable X, a scaling solution for NFTs that aims to enable near-instant, low fee transactions. IMX can be used for staking on Immutable X, voting on the future of the protocol, and paying transaction fees.

Happening now

AI generated 4m ago

While Middle East tensions

drag crypto down roughly

↘2.3%

over the past 24 hours, IMX is defying the sell-off with a

↗3.65%

gain as investors move coins off exchanges.

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MX$2.72

Trading Insights

Buyer Ratio

55%0%

Traders

160

10.34%

Buyers

88

25.71%

Sellers

75

1.32%

Searched

91

Market Stats

Market Cap

MX$5.42B

3.63%

FDV

MX$5.42B

Circ. Supply

2B IMX

Max Supply

2B IMX

Total Supply

2B IMX

Diluted Valuation

MX$5.42B

Performance

Popularity

#107

Dominance

0.01%

Volume (24H)

MX$340.57M

2.47%

Volume (7D)

MX$2.22B

Volume (30D)

MX$10.97B

All time high

MX$164.53

Price Change (1Y)

Not enough data

71.42%

Additional details

Market details

IMX vs markets

↘ 58.76%

IMX vs BTC

↘ 54.79%

IMX vs ETH

↘ 59.52%

Tags

collectibles-nfts

zero-knowledge-proofs

gaming

scaling

+5

Network & Addresses

Network
Address

Ethereum

0xF57e7e7C23978C3cAEC3C3548E3D615c346e79fF

Price history

Time
Price
Change
Today
MX$2.72
+3.91%
1 Day
MX$2.60
+3.91%
1 Week
MX$2.96
-7.17%
1 Month
MX$2.91
-6.06%
1 Year
MX$10.53
-71.42%

Coinbase insights

Happening now

AI generated 4m ago

While Middle East tensions

drag crypto down roughly

↘2.3%

over the past 24 hours, IMX is defying the sell-off with a

↗3.65%

gain as investors move coins off exchanges.


Outperforming during market weakness

IMX climbed roughly

↗3.65%

over the past 24 hours even as

Bitcoin fund outflows

pushed the broader market down approximately

↘2.3%

, with Layer 2 tokens showing relative strength as a category.


Holders choosing to store rather than sell

Approximately $100K worth of IMX moved off exchanges over the past day, a sign that holders are choosing to store their coins rather than sell into the market weakness.

Recent trends

The latest IMX price is MX$2.72. Compared to Immutable's value of MX$2.60 from 24 hours ago, there's been a 4% increase, while the current price is -7% down from MX$2.96 which was recorded one week ago. Immutable's all time high is MX$164.53, which was reached on November 26, 2021. This is a -98% change from its price today.

The current circulating supply of Immutable is 2,000,000,000. This is 100% of its max supply of 2,000,000,000 IMX and 100% of its total supply of 2,000,000,000. The market cap is currently MX$5.42B, which is a result of multiplying the current price of Immutable(MX$2.72) by the total supply(2,000,000,000 IMX). The fully diluted valuation of Immutable is MX$5.42B. The diluted valuation of Immutable is MX$5.42B.

Immutable had 88 buyers, 75 sellers and total 160 trades in the last 24h. Immutable was searched 91 times in the last 24h.

FAQ

Immutable (IMX) is a layer-two scalingi solution for Non-Fungible Tokens (NFTs) on the Ethereum blockchain. It aims to address the limitations of Ethereum, such as low scalability and high transaction costs, by aiming to provide instant trading, massive scalability, and zero gas fees for minting and trading NFTs. Immutable is built with STARK zk-rollups, a technology that aims to enhance the scalability of Ethereum. This technology allows users to create and distribute assets like ERC-20 and ERC-721 tokens on a large scale. The IMX token, the native utility token of the Immutable protocols, is used for fees, staking, and governance within the network.

Immutable operates using STARK zk-rollups, a technology that aims to enhance the scalability of Ethereum. This technology allows users to create and distribute assets like ERC-20 and ERC-721 tokens on a large scale. The protocol also provides an intermediate layer called the "Link," which enables an NFT-specific wallet experience and allows Immutable X to support a third-party marketplace ecosystem without security risks. With its shared global order book facilitating protocol liquidity, NFT marketplaces can be built on Immutable X without a backend. This means third-party marketplace solutions can co-exist with the protocol’s native marketplace.

Immutable strives to provide a platform for the creation and trading of NFTs on a large scale. It strives to provide a high-quality experience for users and developers alike. The protocol's native utility token, IMX, is used for fees, staking, and governance within the network. This means that users can stake IMX to receive a proportional share of the network’s fees and vote on governance proposals. Immutable also aims to lower the barriers of entry for content creators and smaller developers, making it easier for them to create and distribute assets.

Immutable was founded by James Ferguson and Robbie Ferguson, both Forbes 30 Under 30 entrepreneurs. The team consists of more than 100 members from different backgrounds like blockchain, FAANG, finance, fintech, and management consulting. The project received support from various investors. Immutable X, a layer-two solution that utilizes zk-rollups and focuses on NFTs, is a part of the project.

We update our Immutable to MXN currency in real-time. Get the live price of Immutable on Coinbase.

The current market cap of Immutable is MX$5.418B. A high market cap implies that the asset is highly valued by the market.

The all-time high of Immutable is MX$164.53. This all-time high is highest price paid for Immutable since it was launched.

Over the last 24 hours, the trading volume of Immutable is MX$340.571M.

Assets that have a similar market cap to Immutable include SPX6900, Curve DAO Token, Aave CRV V2, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Immutable is 2 billion.

Immutable ranks 78 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 95% of Coinbase users are buying Immutable. In other words, 95% of Coinbase customers have increased their net position in Immutable over the past 24 hours through trading.

Yes, Immutable is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Immutable guide.

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Social stats

Popularity in posts

#179

Contributors

244

Posts

564

% About Immutable

0.127%

Articles

1

X (Twitter)

81.93% bullish

Sentiment

3.7 ★

Highlights

244 unique individuals are talking about Immutable and it is ranked #179 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Immutable has an average sentiment score of 3.7 out of 5. Finally, Immutable is becoming less newsworthy, with 1 news articles published about Immutable.

On Twitter, people are mostly bullish about Immutable. There were 84.47% of tweets with bullish sentiment compared to 3.11% of tweets with a bearish sentiment about Immutable. 15.53% of tweets were neutral about Immutable. These sentiments are based on 332 tweets.

On Reddit, Immutable was mentioned in 5 Reddit posts and there were 31 comments about Immutable. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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